SMART Journal of Business Management Studies
Open Access
  • Year: 2014
  • Volume: 10
  • Issue: 1

Role and Involvement of Government Agencies and Financial Institutions in The Development of Women Entrepreneurs in Madurai District

  • Author:
  • M. Santhi1, N. Naga Nandhini2
  • Total Page Count: 9
  • Page Number: 61 to 69

1Assistant Professor in Commerce, Madurai Kamaraj University College, Madurai, Tamil Nadu, India, santhimku@gmail.com

2Part-Time Lecturer, Government Polytechnic College, Madurai, Tamil Nadu, India

JEL CODE: G20, L26, L80, L88

Abstract

Adequate support of Government agencies and financial institutions is indispensable for enhancing the pace of industrialization. Several institutions have been set up in India in the public and private sectors to provide financial and technical assistance for entrepreneurship, particularly women entrepreneurship and are playing a pivotal role in giving financial and consultancy assistance to entrepreneurs for setting up of new ventures and also for their modernization, diversification and expansion. The Government of India has created a network of financial and development institutions to supply credit and other development and support services. Still small entrepreneurs, especially women, face the problem of credit and other service. This paper focuses on the role and involvement of Government agencies and financial institutions in the development of women entrepreneurship in Madurai District. The assessment has been made on the basis of the perception of women entrepreneurs, Government agencies and financial institutions.

Keywords

Subsidy, Incentives, Prime Minister's Employment Generation Programme (PMEGP), EDP, Annual Credit Plan